November EDA board meeting update

The November EDA Board meeting agenda began with discussion on the current status of the final outstanding EDA delinquent loan which dates back to 2007.

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The Sleepy Eye Herald Dispatch

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Posted Dec. 6, 2012 at 6:00 AM

Posted Dec. 6, 2012 at 6:00 AM

Sleepy Eye, Minn.

The November EDA Board meeting agenda began with discussion on the current status of the final outstanding EDA delinquent loan which dates back to 2007. Action on what the final steps would be that need to be taken by the EDA, along with the city attorney, to finalize receiving payments on the delinquent loan held by Shane’s Tire, were discussed. The EDA Board has directed the city attorney to take the appropriate actions needed to bring this matter to a close.

The board approved paying the bill to S & J Construction for the concrete work completed at Veteran’s Park.

The EDA coordinator gave his monthly report which included information on the “On the Job Training Program,” which is currently being implemented with the interested high school seniors and a number of local businesses. An update on two previous delinquent loans that have recently become active or current was given, as well as information on the Fraternal Order of Eagles delinquent loan status with the EDA. Information was also shared with the board in the form of a written summary report on the Region 9 fall meeting that was attended by the EDA coordinator.

The board discussed the current status of the Snow property and plans to make this one of the 2013 priorities for planning and goal setting. There has been interest shown in this property by businesses and individuals, and upon the completion of the infrastructure work, there will be more concrete information regarding the costs and financial figures available to share with those interested in the property for business, industry, and/or residential activity.

The planning for phase two of the Veteran’s Park is continuing. There will be some finalizing of information on these plans in the coming weeks, and information will become available for purchasing memorial plates for the memorial wall, as well as items that could be donated like tables, benches, landscaping plants, etc.

Some topics were also discussed by the board regarding the 2013 planning meeting that will take place in January. The members of the EDA Board are continuing to brainstorm and explore possibilities for goals that they would like to pursue in the coming new year.